Stellantis revenue falls 12% in first quarter on lower shipments

30April 2024

Stellantis revenue falls 12% in first quarter on lower shipments

The decline reflects a transition to new models, CFO Natalie Knight said. In Europe, revenue...

30April 2024

VW Group’s first-quarter profit drops 20% on lower volumes, higher costs

The automaker’s Porsche brand reported a 14.8 percent operating margin decline on higher model revamp...

30April 2024

PACE Awards go to innovations from Dana, Valeo, Yazaki and 10 others

2024 Automotive News PACE Award winners ranged from an advancement in lidar technology to a...

30April 2024

U.S. imposes emergency-braking rule in 2029 for cars to cut roadway deaths, injuries

U.S. authorities have issued a new mandate that will require carmakers to install automatic emergency...

30April 2024

Scenes from the 2024 Automotive News PACE Awards

The event in Detroit celebrated the best in supplier innovation....

29April 2024

Asbury Automotive says 10 dealerships are up for sale

Asbury Automotive Group said it entered Q2 with $243 million in assets for sale —...

29April 2024

5 stars of the 2024 Beijing auto show

Nearly every domestic and international brand attended the showcase event of the Chinese auto industry....

29April 2024

AutoNation Finance should break even by 2025: CFO

AutoNation CFO Thomas Szlosek said that AutoNation Finance is making steady progress as the division...

29April 2024

Lear to acquire Spanish automation supplier to ease labor costs

Financial terms were not disclosed for the deal, announced Monday and expected to close by...

29April 2024

Lear to acquire Spanish automation supplier to ease labor costs

Lear said the acquisition of WIP Industrial Automation will bolster its artificial intelligence and automation...

29April 2024

Legislators too ‘trigger-happy’ on banning alternative fuels, Volvo Trucks says

As legislators and regulators across the globe pursue fully emissions-free transportation, Volvo Truck’s complaint raises...

29April 2024

Why Tesla’s Full Self-Driving rollout in China matters

Enabling FSD in China would provide a buffer to Tesla’s declining EV sales and allow...

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